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Gabon Consumer & Retail Report Q4 2017

Gabon Consumer & Retail Report Q4 2017

BMI View: Real private consumption growth in Gabon will be in negative territory in 2017, after adowngrade of our forecasts for economic growth in the country. Weak oil prices have driven cuts in publicexpenditure and this has impacted on consumer confidence and household spending levels. The economywill pick up from 2018 as higher oil prices and multilateral financial assistance to the economy supportconsumption levels. That said, spending in Gabon will remain largely concentrated on essential goods dueto high levels of poverty, despite the country boasting one of the highest GDP per capita rates in Sub-Saharan Africa.

The Gabonese consumer will be subdued in 2017 amid a difficult economic environment in the country,undermining purchasing power for households. Gabon's economy is highly dependent on oil, but weak oilprices since 2014 have curtailed economic activity, a situation that has persisted over recent quarters. Thishas forced the government to cut public expenditure, undermining consumption and investment. Real GDPgrowth slowed to 2.3% in 2016 and has remained under pressure into Q317 due to constrained publicfinances and persistent political uncertainty. We have downgraded our forecast for 2017 to 1.3%, from 3.1%previously. In turn, real private consumption is now expected to record negative growth in 2017, decliningby 3.0%.

BMI Industry View
Consumer Outlook
Consumer SWOT
Industry Forecast
Consumer Spending
Total Household Spending
Table: Total Household Spending (Gabon 2015-2021)
Essential And Non-Essential Spending
Table: Essential And Non-Essential Spending (Gabon 2015-2021)
Food, Drink And Tobacco
Table: Food, Drinks (Alcoholic And Non-Alcoholic) And Tobacco Spending (Gabon 2015-2021)
Clothing And Footwear
Table: Clothing And Footwear Spending (Gabon 2015-2021)
Household Goods
Table: Household Goods Spending (Gabon 2015-2021)
Personal Care And Effects
Table: Personal Care And Effects Spending (Gabon 2015-2021)
Tourism Spending
Household Characteristics
Table: Household Data (Gabon 2015 - 2021)
Demographic Forecast
Table: Total Population (Gabon 2014-2021)
Table: Labour Market Data (Gabon 2015-2021)
Market Overview
Retail Trends
Clothing And Footwear
Table: Select Clothing & Footwear Retailers
Household Goods, Homeware And Home Improvement
Table: Select Household Goods, Homeware, Home Improvement
Table: Select Electronics Retailers
Department Stores
Table: Select Department Stores
Pharmacies and Drug Stores
Table: Select Pharmacies and Drug Store Retailers
E-Commerce And Online Marketplaces
Shopping Centres And Malls
Industry Forecast Methodology

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